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If you are interested in hiring a remote team in Curacao, or even just individual remote employees in Curacao, then you have come to the right place!
Rivermate is an Employer of Record (EOR) that offers Curacao payroll solutions. As a Curacao payroll provider, we will cover everything from salary, benefits, employer-to-employee contributions, and especially payroll compliance in Curacao. We are confident Rivermate’s payroll solutions Curacao will help you grow as a business—because now, you won’t have to worry about your payroll solutions Curacao. We take care of everything payroll!
With Rivermate, you can run Curacao payroll services in just one click—regardless of currency, benefits, insurance, and your local labor laws. Everything is automated. Our priority is for you to focus on your company’s strategy and growth.
Our Rivermate Global Payroll services are made especially for startups and scaleups. We know that startups try to be extra prudent when it comes to choosing a payroll provider, so it is our mission at Rivermate to be your most reliable and cheapest payroll provider option. So if you’re looking for global payroll providers for small businesses, look no further and book a call with us now!
Once you've determined the best Curacao payroll option for your company, you'll need to collect some information from employees in order to add them to your payroll. Begin by acquiring their personal identification number, tax deduction card, and emergency contact information. When an employee begins working and provides you with their tax deduction card, they become a part of the social security system and are eligible for benefits.
Information on taxation rules in Curacao are currently unavailable.
Companies that wish to expand their operations globally have four different payroll options in Curacao. These payroll options are:
1. Internal Payroll. This payroll option is applicable for already established companies in Curacao. It includes devoting an entire Human Resources staff to running the company's payroll procedures.
2. Remote Payroll. Smaller firms may lack the capacity to handle their own payroll, but they may add their workers to the parent company's payroll. This action, on the other hand, requires considerable thinking. You must guarantee that you follow the rules and laws of each nation.
Working with a local outsourcing firm is one method to retain money in the local economy, but you'll still need to study all of the local rules and regulations, since you'll be held responsible.
3. Curacao payroll outsourcing: Outsourcing your payroll to an Employer of Record in Curacao, such as Rivermate, is another alternative for Andorra payroll outsourcing. We can manage all aspects of your payroll, including compliance. Send us a note and we'll get back to you as soon as possible!
It is the obligation of the employer to ensure that all payroll-related transactions are properly documented and recorded. All salaries and compensation payments must adhere to the local minimum wage as well as other applicable laws and regulations.
Rivermate's payroll services in Curacao can assist you in staying in compliance with the country's ever-changing payroll rules. We provide an all-inclusive solution that covers everything from compliance and reporting to salary payments.)
Companies that have a business presence in Curacao have different ways of managing payroll. However, most of the options you have for running payroll in Curacao are either expensive or require establishing a subsidiary in Curacao. The cheapest, most efficient, and most reliable payroll processing system in Curacao is by outsourcing payroll to Employers of Record (EOR) in Curacao. Rivermate is one of those Employers of Record.
At Rivermate, we offer you the most efficient, most compliant, and cheapest HR and Payroll Management services in Curacao. We do this by taking care of your payroll-related needs, such as keeping track of your employees’ financial records, including incentives, gross and net salary, and payslips, all the while staying compliant with the labor laws in Curacao. Because we do your online payroll management for you, you can have absolute focus on your business’ strategy and growth.
Rivermate is all about growth through collaboration and we achieve this by offering the most reliable yet cheapest services for managing payroll for small businesses in Curacao.
In general, there are four ways in Curaçao to cancel an employment contract:
Termination without cause, in which case prior approval from the Director of the Ministry of Social Development, Labor, and Welfare (Ministerie van Sociale Ontwikkeling, Arbeid en Welzijn) is required pursuant to the National Ordinance Terminating Employment Agreements (Landsverordening Beindiging Arbeidsovereenkomst). Without such permission, a notice-based termination would be deemed null and invalid, unless the National Ordinance Termination Employment Agreements does not apply to a particular labor connection. For example, the National Ordinance on Termination of Employment Agreements does not apply to teaching and lecturing employees employed by educational institutions.
Termination agreed to by both parties. Termination by mutual consent is conceivable at any moment, and in such case, the employer and employee may freely discuss the terms and conditions of the employment agreement's termination.
Dissolution of the employment contract by the Curaçao Court of First Instance.
Immediate termination of the employment agreement, which is permitted only if there is an urgent cause to do so. Such an emergency cause and the impending termination must be disclosed to the employee 'immediately.'
If an employee is terminated by giving notice after receiving the requisite consent or if the employment agreement is dissolved by the Court of First Instance, it is conceivable that the employee will be entitled to (termination) compensation.
For the interest of completeness, it is noted that employment agreements entered into for a specified length of time automatically end at the expiration of the specified period of time (unless otherwise agreed).
Curaçao's new minimum wage for employees 21 years or older is ANG 9.62 gross per hour in 2020. This represents an increase of 0.25 cents gross per hour over the previous year. 9.62 ANG per hour equates to 384.80 ANG per week or 1,666.18 ANG per month.
This information is currently available on Rivermate. Book a call with us to learn more about our EOR services in Curacao.
This information is currently available on Rivermate. Book a call with us to learn more about our EOR services in Curacao.
